Only someone with a severe credibility issue must inject phrases into their talks to assure you they are telling the truth. I listened to a few minutes of the President’s speech in Chicago on Wednesday, and he used the term “I give you my word” and “I’m not lying” at least five times in the ten minutes I tuned in. I couldn’t take more than ten minutes because I was fact-checking while listening, and the Pinocchios were stacking up. The sad thing was the President was receiving applause for every lie. Think about it. When discussing with friends or colleagues, do you have to remind them you are telling the truth, or do you enjoy a level of credibility with them that truth is assumed and understood? Biden does not possess such a luxury. The American people doubt every word he says and for a good reason. He has a long track record of distorting the truth.
Wednesday was an opportunity for Biden to go into friendly territory. He spoke to union and pro-union people who lapped up every word the President uttered about his infrastructure and economic plan. He boasted that the New York Times gave his economic plan to the moniker, Bidenomics. Within a few weeks, he will claim he came up with the title. After all, plagiarism lives in this man’s soul. Biden’s assistant press secretary introduced the term this week, calling Bidenomics the term of the hour, day, week, month, year, and campaign. That seems to be over-glorifying a plan that only about 30% of Americans believe is good for the country.
Here are the fact checks by the House Republicans of Bidenomics.
FACT CHECK: Recovery Versus Creation
BIDEN CLAIM: “(President Biden) proved that a strong recovery and support for households brings more people into the workforce: a higher share of working age Americans are in the workforce now than at any time in more than 20 years and higher than on any day of the prior Administration.”
FACT CHECK: Labor force participation was stronger under President Trump.
BIDEN CLAIM: Under President Biden, American families are “better off than before the pandemic: Americans have more net worth and higher inflation-adjusted disposable incomes and a lower uninsured rate.”
FACT CHECK: Wages are NOT keeping up with Biden’s inflation crisis.
BIDEN CLAIM: The White House is “working to bring down the cost of living, including by lowering drug prices. Inflation has come down 11 months in a row.“
FACT CHECK: Inflation is still high and causing economic pain.
BIDEN CLAIM: “President Biden and Congressional Democrats are delivering historic Investments in America that are creating good jobs around the country and revitalizing our communities.” The President “put policies in place that have contributed to more than $470 billion in private sector investment commitments.”
FACT CHECK: The “historic investments” made by Democrats don’t help the middle class.
BIDEN CLAIM: Democrats are “supporting investments that have resulted in 800,000 manufacturing jobs, nearly doubling manufacturing construction, and more resilient US supply chains.”
BIDEN CLAIM: Biden set “out to rebuild American infrastructure, so that we no longer rank 13th in the world but instead have world-class infrastructure.” The President enacted “the largest investment in combatting the climate crisis in U.S. history,” paving the way for hundreds of thousands” of good-paying jobs.
BIDEN CLAIM: “President Biden has signed legislation to reduce the deficit by more than $1 trillion” and is “committed to ensuring the wealthiest Americans and largest corporations pay their fair share and lowering prescription drug costs by cutting wasteful giveaways to Big Pharma.”
Government spending is the primary driver of deficits and President Biden and Congressional Democrats have engaged in an unprecedented $11 trillion partisan spending spree, including:
BIDEN CLAIM: “In contrast, House Republicans want to: Enact massive tax cuts for the wealthiest Americans and largest corporations – adding trillions of dollars to the deficit in order to deliver a $175,000 average annual tax cut to the top 0.1 percent (incomes over $4 million).”
The Heritage Foundation explains:
Meanwhile, Biden’s supercharged IRS stands to target families making under $400,000 a year:
BIDEN CLAIM: “Our recovery is the strongest of any major economy.”
FACT CHECK: President Biden’s policies have driven us back into a recession.
After experiencing consecutive quarters of declining Gross Domestic Product (GDP) to start 2022, the Biden administration was quick to divert attention to alternative measures of economic output, such as Gross Domestic Income (GDI).
However, as House Budget Committee Republicans observed last month, these alternative measures no longer point in the administration’s favor. GDI – which measures the economy through things like income, profits, and taxes rather than production — has decreased in each of the past two months.
BIDEN CLAIM: “Family economic security is stronger than pre-pandemic.”
BIDEN CLAIM: “Gas prices are down from their summer 2022 peak.”
FACT CHECK: Gas and energy prices remain significantly higher than when President Biden took office.
This is a much longer post than my norm, but with this many fact-checks, I am more than confident that most people will be astonished by the number of interpretations or corrections of Biden’s “facts.” These fact checks are accurate. I give you my word.
Content syndicated from ConservatriveViewFromNH.com with permission
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